Event 10
The 2018 Summer Poker Open wrapped up in the early hours of Saturday morning when Carlos Alvarado won the final event at about 6:30am, taking home more than $21,000. That’s after earning an even $100,000* for his runner-up finish in the $500,000 Guaranteed Almighty Stack. Alvarado was not the only player having a good summer.
Greg Nerenberg won the record-setting $1 Million Guaranteed Summer Poker Open Championship event and $365,062. The 627 entries in the Championship topped the numbers from last July and the final 63 players earned a piece of the $1,520,475 prize pool. The tournament drew some top poker pros including Brian Altman, Andy Frankenberg, David Paredes, Joe McKeehen, and four-time WPT champ Darren Elias.
Nerenberg was facing more than a two-to-one chip disadvantage at the start of heads-up play against Kane Kalas, who had been on a heater since the start of the final table. One double-up, however, reversed their positions and the match was over soon after. Kalas earned $205,264 for his second place finish. In an impressive performance, 2017 Borgata Poker Open Championship winner Guo Liang Chen made a repeat appearance at the Championship final table, finishing 6th for $69,182.
The $1 Million Guaranteed Kick-Off event saw 2,201 runners build a prize pool in excess of $1.1 million and the final three players made a deal that resulted in chip leader Gary Tavella taking 1st place and $143,730*. This was the first Borgata title for the high-stakes cash game player.
The first Saturday Series event was also the Cabot Creamery “Put a Bad Beat On Hunger” charity tournament. They drew 349 total entries and raised $3,490 for the New Jersey Food Bank – Southern Branch. Larry Connor got 1st place, $18,468* and the Borgata Open trophy. Cabot Creamery provided two $3,500 2018 BPO Championship seats for the 1st and 2nd place finishers, so Connor and runner-up Carlos Figueroa will both be free-rolling the Championship in September.
To celebrate their 15th Birthday, Borgata hosted a Tournament of Champions which was an invitation-only event open to winners of all 15 years of Championship events. The winner-take-all $25,000 championship was won by 2013 Summer Poker Open Champion Chalie Hook, who agreed to split the prize with the final three players. The final six also got seats in the Summer Open Championship event.
Two other accomplishments of note occurred during this series. Barry Leventhal won the Seniors event for the third time and claimed his seventh Borgata title. Michael Kemeter took 1st in the SixMax for the third time in four years. He’s made the final table of this event five of the last seven years.
All guarantees were covered and millions in prize money was paid out to hundreds of participants! A complete list of Main Event winners and their winnings is below.
This concludes our coverage of the 2018 Borgata Summer Poker Open! On behalf of the Borgata Poker family and our blog team, @Kaelaine, @AlCantHang, and @TKBluffs, Thank You! Make plans now to join us for the WPT/Borgata Poker Open, September 4th – 21st.
With the elimination of Kent DeMott in 6th place the final five began to discuss an adjusted payout deal. It didn’t take long for them to come to an agreement and play was stopped.
Jerry Perada who held the chip lead at the time of the deal will take first place earing $6,731 along with his first Borgata Summer Poker Open trophy.
Below is a full look at the final five adjusted Event 10 tournament payouts.
Jerry Perada- $6,731+BSPO Trophy
Josh Teitelbaum- $5,334
Robert McClay- $5,350
John O.- $5,135
Matt Ferrante- $5,001
$300+$40 Pot Limit Omaha
Structure Sheet
Level 23: Blinds 20,000/40,000
Total Entries: 135
Players Remaining: 5
Kent DeMott got the last of his chips in on the flop holding
. He was called by John O. who turned over
. The turn was the
and the
completed the board.
John O. improved to a flush and DeMott was eliminated in 6th place earning $1,964 for his efforts.
$300+$40 Pot Limit Omaha
Structure Sheet
Level 22: Blinds 15,000/30,000
Total Entries: 135
Players Remaining: 6
George Dgheim got his stack of about 175,000 all in pre-flop holding against the
of John O. The board ran out
and John O. improved to the nut flush.
Dgheim is our 7th place Event 10 finisher earning $1,571 for his efforts.
John O- 700,000
$300+$40 Pot Limit Omaha
Structure Sheet
Level 22: Blinds 15,000/30,000
Total Entries: 135
Players Remaining: 7
Jerry Perada and Alan G. were just involved in a massive pre-flop raising war. The end result was Alan G. moving all in for about 400,000 and Perada making the call.
Jerry Perada:
Alan G:
The board ran out improving Perada to the nut straight and Alan G. was eliminated in 8th place earning $1,179. Perada moves into the chip lead with about 1,000,000 and just 7 players remaining.
$300+$40 Pot Limit Omaha
Structure Sheet
Level 21: Blinds 10,000/20,000
Total Entries: 135
Players Remaining: 8
Konrad Drazyk got his chips all in pre-flop holding against the
of Jerry Perada. Drazyk was in great shape to double up but the board ran out
.
Perada improved to trip kings and Drazyk was eliminated in 9th place earning $884.
Jerry Perada- 300,000
$300+$40 Pot Limit Omaha
Structure Sheet
Level 21: Blinds 10,000/20,000
Total Entries: 135
Players Remaining: 9
Michael Sassin was the first player to fall from the final table at the hands of Matt Ferrante. Sassin is our 10th place Event 10 finisher and will take home $786 for his efforts.
Matt Ferrante- 595,000
$300+$40 Pot Limit Omaha
Structure Sheet
End of Level 20: Blinds 8,000/16,000
Total Entries: 135
Players Remaining: 10
The Event 10 players are now on a 10-minute color up break. We will pick right back up on the final table action when play resumes.
$300+$40 Pot Limit Omaha
Structure Sheet
Level 20: Blinds 8,000/16,000
Total Entries: 135
Players Remaining: 10
The Event 10 final table is now set and it’s Matt Ferante leading the way with 525,000. Alan G. has been sitting behind a big stack for much of the night and he’s right on his heels with 505,000.
The players will battle it out here in the Poker Room in the late night hours for the $11,590 first prize and the Borgata Summer Poker Trophy.
Below is a look at the updated chip counts and final table seating assignments as well as what’s at stake.
Seat 1. Konrad Drazyk- 225,000
Seat 2. Jerry Perada- 145,000
Seat 3. Matt Ferante- 525,000
Seat 4. Kent DeMott- 350,000
Seat 5. George Dgheim- 165,000
Seat 6. Robert McClay- 220,000
Seat 7. Alan G.- 505,000
Seat 8. John O.- 255,000
Seat 9. Joshua Teitelbaum- 80,000
Seat 10. Michael Sassin- 170,000
Payouts
1st: $11,590
2nd: $6,482
3rd: $3,929
4th: $3,143
5th: $2,357
6th: $1,964
7th: $1,571
8th: $1,179
9th: $884
10th: $786
$300+$40 Pot Limit Omaha
Structure Sheet
Level 19: Blinds 6,000/12,000
Total Entries: 135
Players Remaining: 12
The pace of play has come to a crawl and we have been stuck at 12 players for over an hour. Matt Ferrante continues to add his stack and he is beginning to pull away from the field. Ferrante is now sitting behind a stack of about 525,000 and he is the only player over the half a million chip mark.